For philanthropists of the past, charity was often a matter of simply giving money away. For 'philanthrocapitalists' - the new generation of billionaires who are reshaping the way they give - it's like business. Largely trained in the corporate world, these 'social investors' are using big-business-style strategies and expecting results and accountability to match. In Philanthrocapitalism, Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet - including Bill Gates, Bill Clinton, George Soros, Angelina Jolie, and Bono, among others - they show how a web of wealthy, motivated donors has set out to change the world.
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"Important. Well-written. Timely. Here in this wonderful book, Matthew Bishop and Michael Green shine a light on sparkling examples of effective philanthropy, and how some of the most accomplished people are trying to solve the world's most intractable problems. A superb portrait of a vital new force shaping the world today, Philanthrocapitalism deserves to be widely read." --Jim Collins, author of Good to Great
"A terrific book about how private money can help solve even the most difficult public problems. Philanthrocapitalism is the definitive guide to a new generation of philanthropists who understand innovation and risk-taking, and who will play a crucial part in solving the biggest problems facing the world." --Michael Bloomberg, mayor of New York City
"Everything you need to know about the revolution underway in the world of philanthropy-its potential as well as its challenges. An indispensable book for anyone who cares about helping the world's four billion poor get a chance to live their dreams." --Hernando de Soto, author of The Mystery of Capital
"A terrific book about how private money can help solve even the most difficult public problems. Philanthrocapitalism is the definitive guide to a new generation of philanthropists who understand innovation and risk-taking, and who will play a crucial part in solving the biggest problems facing the world." --Michael Bloomberg, mayor of New York City
"Everything you need to know about the revolution underway in the world of philanthropy-its potential as well as its challenges. An indispensable book for anyone who cares about helping the world's four billion poor get a chance to live their dreams." --Hernando de Soto, author of The Mystery of Capital
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Everything you need to know about the revolution underway in the world of philanthropy -- its potential as well as its challenges. An indispensable book for anyone who cares about helping the world's four billion poor get a chance to live their dreams.
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2 of 2 people found the following review helpful
Format:Paperback|Amazon Verified Purchase
This is an accessible and engaging book that introduces the reader to philanthrocapitalism i.e. the idea that the principals and experiences of entrepreneurial capitalism (and capitalists) can be used to address some of the world's most intractable social problems. Whilst concentrating on the present the authors acknowledge the historical ancestry of their ideas starting with an overview of the philanthropic legacy of notable capitalists business leaders such as Carnegie and Rockefeller. However, the book is mainly concerned with the present day and there are numerous practical examples of innovative contemporary philanthropy e.g. Gates Foundation, One, (RED), Google, etc. The authors are not afraid to shy away from some of the tensions and disagreements that exist, for example referring to the falling-out between Pierre Omidyar (Ebay) and Muhammed Yunis (Grameen) over the appropriateness and impact of profit-making for micro-finance schemes.
Interestingly Philanthrocapitalism was originally published in 2008 and was therefore written before the full onset of the current economic crisis, and as such the rather buoyant and optimistic view of the potential benefits of contemporary capitalism may now seem a little out of place. Comments such as "In the past, we have looked to governments to tackle these problems [poverty, climate change] but their track record has been at best mixed" will not be to everyone's likening, especially in the midst of repeat government/taxpayer bailouts of the banks, swingeing austerity measures and growing income inequality. Indeed the readers enjoyment and agreement with this book will be largely influenced by their own views of both the nature of philanthropy and capitalism.... Read more ›
Interestingly Philanthrocapitalism was originally published in 2008 and was therefore written before the full onset of the current economic crisis, and as such the rather buoyant and optimistic view of the potential benefits of contemporary capitalism may now seem a little out of place. Comments such as "In the past, we have looked to governments to tackle these problems [poverty, climate change] but their track record has been at best mixed" will not be to everyone's likening, especially in the midst of repeat government/taxpayer bailouts of the banks, swingeing austerity measures and growing income inequality. Indeed the readers enjoyment and agreement with this book will be largely influenced by their own views of both the nature of philanthropy and capitalism.... Read more ›
10 of 12 people found the following review helpful
5.0 out of 5 stars
Philanthrocapitalism: How the Rich are Trying to Save the World and Why We Should Let Them
19 Dec 2008
By S. Wixley
Format:Hardcover
This is the most comprehensive guide that I've come across on contemporary global giving. And it's a really enjoyable and entertaining read to boot.
The authors put the mega-philanthropy of Bill Gates/Warren Buffet/Tom Hunter etc into context and give interesting insights (and a few juicy titbits) into the motivations of these donors and the pros and cons of their approach. Read it!
The authors put the mega-philanthropy of Bill Gates/Warren Buffet/Tom Hunter etc into context and give interesting insights (and a few juicy titbits) into the motivations of these donors and the pros and cons of their approach. Read it!
2 of 4 people found the following review helpful
By SE Lain
Format:Hardcover
enjoyable read - very accessible to people who don't know anything about philanthropy (or capitalism!) the authors also include these cool boxes that give lots of intriguing history. Well done!
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